Sudhanshu Chhabra - May 25, 2021 Form 4 Insider Report for Rexnord Corp (ZWS)

Role
VP-Rexnord Business Systems
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Sudhanshu Chhabra
Stock symbol
ZWS
Transactions as of
May 25, 2021
Transactions value $
-$177,956
Form type
4
Date filed
5/27/2021, 08:39 PM
Previous filing
May 18, 2021
Next filing
Sep 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZWS Common Stock Award +10.4K +49.75% 31.2K May 25, 2021 Direct F1
transaction ZWS Common Stock Sale -$178K -3.56K -11.39% $50.00 27.7K May 25, 2021 Direct F2, F3
holding ZWS Common Stock 382 May 25, 2021 By 401(k) Plan F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ZWS Stock Option (right to buy) 50.3K May 25, 2021 Common Stock 50.3K $28.60 Direct F5
holding ZWS Stock Option (right to buy) 26K May 25, 2021 Common Stock 26K $25.77 Direct F5
holding ZWS Stock Option (right to buy) 38.2K May 25, 2021 Common Stock 38.2K $19.70 Direct F5
holding ZWS Stock Option (right to buy) 18.5K May 25, 2021 Common Stock 18.5K $23.13 Direct F5
holding ZWS Stock Option (right to buy) 7.07K May 25, 2021 Common Stock 7.07K $28.91 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on Rexnord Corporation's performance during the three-year performance period (April 1, 2018 - March 31, 2021), performance stock units vested.
F2 Shares were sold to satisfy tax withholding obligations in connection with the vesting of restricted stock units and performance stock units.
F3 This transaction was executed in multiple trades at prices ranging from $49.72 to $50.71. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F4 Based on information from the trustee of the 401(k) Plan.
F5 Option fully vested.